Global markets are bracing for a data-heavy week, with the US Federal Reserve Chair’s first semi-annual testimony to Congress and a fresh US CPI inflation print both landing this week — two events analysts say will shape the near-term path for rate-cut expectations and risk assets, including Indian equities and crypto.
Key Highlights
- US CPI inflation data due — key input for Fed rate-cut timing
- Fed Chair’s semi-annual testimony to Congress this week
- China Q2 GDP release also on the radar for global growth cues
- Gift Nifty trading marginally positive ahead of Tuesday’s open
- European markets closed mixed Monday: DAX flat, FTSE 100 and CAC 40 slightly lower
A softer-than-expected CPI print would likely boost the case for Fed rate cuts later this year, supporting risk appetite across equities and crypto alike. Conversely, a hot inflation reading could reinforce a “higher for longer” stance, adding pressure to already-elevated crude prices and West Asia-driven volatility. Indian markets, currently focused on Q1 FY27 earnings, will take cues from both events for the week’s broader direction.
This is market commentary for informational purposes and not investment advice. Please consult a registered advisor before making investment decisions.
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